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Energy, Power and Electrical News

The world's primary sources of energy are the sun,geothermal activity, water, nuclear reactions and hydrocarbons including oil,natural gas, coal and biomass. Secondary energy sources include petroleum products refined from crude oil and gas; biofuels derived from biomass;electricity generated from coal, nuclear reactions, water (hydro), and the sun.The US Department of Energy predicts world energy consumption will rise 71% from2007 levels by 2030. The IEA estimated investment in the energy sector needs to be US$ 5,000 billion in order to meet 2030 energy demand. Today, the electrical and electronics industry is experiencing phenomenal and remarkable changes worldwide. The worldwide electronics industry is distinguished by fast technological advances and has grown rapidly than most other industries over years. Top three electrical and electronic goods manufacturing countries in the world are: United States of America, Japan and Korea respectively. The World's electrical market size was $1038.8 billion in 2006, and forecasted to grow more. Western Europe comprising of 16 countries is contributing around 22% of the global market share.Simultaneously, Eastern Europe is forecasted to grow about $ 24 billion in 2013 from $ 9 billion in 2006. If we talk ofAsia Pacific region, China, Japan, North & South Korea,Singapore and India are thetop manufacturer of electrical and electronic products. Among these Asiancountries, Chinais becoming the manufacturing region of electronic products on theglobe. In United States of America,cities like New York, Atlanta, Colorado, Detroit, Florida,New England, San Diego, San Francisco, and Texas can be named as an industrial hub of electronics industry. At percent, Asia is growing with more speed in comparison to Americas and Europe. As a result a large number of Power News, Electrical News, Electrical Global News, Electrical government news, international news, govt news, global Power, Electrical ICBs, Electrical News news, News online, International Bids, ICBs, news news afloat word wide.